---
title: "Business Optix Licenses - Process Management Software"
ocid: "ocds-b5fd17-9de18b70-28fb-41ba-88fe-15294c7f3d58"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9de18b70-28fb-41ba-88fe-15294c7f3d58"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9de18b70-28fb-41ba-88fe-15294c7f3d58.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-9de18b70-28fb-41ba-88fe-15294c7f3d58.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FINANCIAL SERVICES COMPENSATION SCHEME LIMITED"
published: "2025-01-27"
---

# Business Optix Licenses - Process Management Software

Buyer: FINANCIAL SERVICES COMPENSATION SCHEME LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-9de18b70-28fb-41ba-88fe-15294c7f3d58

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## Summary

The Financial Services Compensation Scheme Limited (FSCS) has awarded a contract for the provision of Business Optix Licenses for process management software. The focus of this procurement falls under the industry category of software package and information systems, specifically aimed at recording, optimising, and storing process maps in conjunction with Standard Operating Procedures (SOP). This selective tender process was a call-off from a framework agreement, with an award date of 5 November 2024. The contract period spans from 1 April 2025 to 31 March 2026, with the delivery locations based in the United Kingdom. The contract's total value is £63,150.

This tender presents a significant opportunity for businesses specialising in SaaS tools and process management software. Small and Medium Enterprises (SMEs) and Voluntary, Community and Social Enterprises (VCSEs) stand to benefit, given their emphasis on innovative and efficient software solutions. The awarded supplier, Business Optix Limited, exemplifies the type of business well-suited for this contract, indicating that firms with a strong track record in providing similar technology solutions are best positioned to compete in such procurement processes.

## Notice

BusinessOptix is a SaaS tool in use at FSCS to record, optimise and store process maps within a hierarchy of operational areas. The tool is used in conjunction with Standard Operating Procedures (SOP)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2dcf94eb-0c64-4860-a2d1-3f5e71946292 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Goods |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Jan 2025 |
| Submission deadline | 5 Nov 2024 |
| Future notice date | Not specified |
| Award date | 5 Nov 2024 |
| Contract period | 31 Mar 2025 - 31 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £63,150 |
| Lots value | Not specified |
| Awards value | £63,150 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FINANCIAL SERVICES COMPENSATION SCHEME LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC3A 7QU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Portsoken |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BUSINESS OPTIX |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems

## Release History

- 27 Jan 2025 at 16:44 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2dcf94eb-0c64-4860-a2d1-3f5e71946292

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2dcf94eb-0c64-4860-a2d1-3f5e71946292
  27th January 2025 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-9de18b70-28fb-41ba-88fe-15294c7f3d58. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9de18b70-28fb-41ba-88fe-15294c7f3d58.json.